WINNIPEG, Manitoba, April 18, 2017 (GLOBE NEWSWIRE) — 3D Signatures Inc. (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) (the “Company” or “3DS”), is pleased to announce that the Company will relocate its corporate offices to the MaRS Discovery District (“MaRS”) in Toronto this spring. Following a rigorous screening process, 3DS was selected by MaRS Venture Services to join a growing list of promising Canadian healthcare companies that are moving to one of the world’s largest innovation hubs.
“3D Signatures is thrilled to become a member of the MaRS community, working alongside other like-minded companies in a state-of-the-art complex designed to cultivate innovation and entrepreneurship,” commented 3DS’ CEO, Jason Flowerday. “This move offers us immediate access to a broad range of corporate and clinical resources, affordable and flexible laboratory space, and a network of potential collaborators and mentors to help us grow our business, all in one of the most desirable locations in Canada.”
MaRS supports promising companies tackling key challenges in the health, cleantech, finance and commerce industries, as well as work and learning sectors, as they start, grow and scale.
As part of the MaRS community, 3DS will not only have access to a state-of-the-art facility, co-working and laboratory space, but also key opinion leaders, potential collaborators and funding partners, and a wide range of business and venture services to support the Company’s growth.
“The move to MaRS offers 3D Signatures a number of benefits that go beyond conventional lab and office space, and we expect this relocation to pay off immediately as we work towards validation and commercialization of our diagnostic pipeline, starting with our Hodgkin’s lymphoma and prostate cancer tests,” added Flowerday.
The Company is expected to complete the relocation to MaRS by April 30, 2017.
3DS (TSX-V:DXD) (OTCQB:TDSGF) (FSE:3D0) is a personalized medicine company with a proprietary software platform based on the three-dimensional analysis of chromosomal signatures. The technology is well developed and supported by 22 clinical studies on over 2,000 patients on 13 different cancers and Alzheimer’s disease. Depending on the desired application, this platform technology can measure the stage of disease, rate of progression of disease, drug efficacy, and drug toxicity. The technology is designed to predict the course of disease and to personalize treatment for the individual patient. For more information, visit the Company’s new website at http://www.3dsignatures.com.
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements within, other than statements of historical fact, are to be considered forward looking. Although 3DS believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Risk factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking information include, among other things: market demand; technological changes that could impact the Company’s existing products or the Company’s ability to develop and commercialize future products; competition; existing governmental legislation and regulations and changes in, or the failure to comply with, governmental legislation and regulations; the ability to manage operating expenses, which may adversely affect the Company’s financial condition; the Company’s ability to successfully maintain and enforce its intellectual property rights and defend third-party claims of infringement of their intellectual property rights; adverse results or unexpected delays in clinical trials; changes in laws, general economic and business conditions; and changes in the regulatory regime. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
VP Corporate Finance